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Last Update @ 12:20 PM EST 07/03/09 The BondHead Weekly – News by Release Date!
Domain name for sale: www.BondTiming.com
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US Economy Don't
Mistake the Economy's Sparklers for Fireworks Wages
shrink as jobs dwindle AP via Tennessean / Jeannine Aversa Analysts
gloomy on back-to-school sales Chicago Tribune / Sandra M. Jones Taking
a weed whacker to green shoots CNN / Paul R. La Monica The
unemployment rate in America reaches 9.5%, the highest in 26 years The
Economist Personal
Savings Rate = Voodoo Economics NY Post / John Crudele U.S. job
losses spike in June, dampen recovery hopes Reuters / David Lawler Payrolls
Fall More Than Forecast, Unemployment Rises Bloomberg / Shobhana Chandra U.S.
May Factory Orders Rise Most Since June 2008 Bloomberg / Courtney
Schlisserman The
Jobless Decade Forbes / Joshua Zumbrun Jobs data
signals hurdles amid factory glimmer Reuters / John Parry There's
No News Like Bad News Forbes / Thomas F. Cooley Manufacturing
in U.S. Shrank at Slower Pace in June Bloomberg / Courtney Schlisserman Insured,
but Driven Bankrupt by Health Crises NY Times / Reed Abelson Inflation: What You See and What You Don't
See Ludwig von Mises Institute / Thorsten Polleit Consumers
read the writing on the wall Marketwatch Chicago
Purchasers’ Index Climbed More Than Forecast Bloomberg / Shobhana Chandra Consumer
confidence slides in June Reuters Unemployment
Numbers Will Confuse You To No End NY Post / John Crudele Damp
conditions to limit fireworks from ISM, payrolls Marketwatch / Greg Robb Some signs of life
surface in U.S. economy Pittsburgh Post Gazette / Bill Toland Unemployment
Probably Rose at Slower Pace: U.S. Economy Preview Bloomberg / Shobhana
Chandra What
will signal consumers are back? Check the spa AP via Seattle Times /
Jeannine Aversa Americans
are saving more, but that's not helping economy Chicago Tribune / Robert
Channick Job hunt
begins anew as new skills acquired Charlotte Observer / Jefferson George
and Cameron Steele Careful
consumers worry investors AP via Washington Times / Madlen Read Uncertain
about future, companies signing shorter leases Dallas Morning News /
Steve Brown GE's Immelt
says U.S. economy needs industrial renewal Reuters / David Bailey and
Soyoung Kim U.S.
Michigan Consumer Sentiment Increased to 70.8 Bloomberg / Courtney
Schlisserman Consumer
spending rebounds, supports recovery view Reuters Savings
rate at highest level in 15 years AP via Chicago Tribune Surging
U.S. Savings Reduce Dependence on China as Growth Slows Bloomberg / Rich
Miller and Alison Sider Consumer
Spending in U.S. Probably Rose, Confidence Increased Bloomberg / Shobhana
Chandra Revised 1Q
GDP ‘improves’ to 5.5 percent decline AP via Houston Chronicle Jobs
picture dims and overshadows improved GDP Reuters / Glenn Somerville Hedge-Fund
Guy Points Toward Z-Shaped Recovery Bloomberg / Mark Gilbert Economy
Still Trumps, but Declines Further as Top Problem Gallup / Lymari Morales The Great Depression Ludwig von Mises
Institute / Hans F. Sennholz Number
of world’s millionaires shrank in 2008 AP via MSNBC World's
rich lost 20 percent of wealth in 2008: report Reuters U.S.
Durable Goods Orders Unexpectedly Jumped in May Bloomberg / Shobhana
Chandra Orders for
big-ticket items surge, housing data mixed Reuters The
inflation vs. deflation debate CNN / Chris Isidore U.S.
CEOs Stay Pessimistic About Economy, Survey Says Bloomberg / Vincent Del
Giudice Recovery's
Missing Ingredient: New Jobs Economist
Phelps Says U.S. Wealth May Take 15 Years to Rebound Bloomberg / Alison
Sider and Elliott Gotkine "We're
in a slow, but definite recovery mode" Sacramento Bee / Jim
Wasserman Luxury
spending likely to drop 10 percent for 2009 Chicago Tribune / Sandra M.
Jones Economy
still overly dependent on government Marketwatch / Rex Nutting Pushing on a String
Lew Rockwell / Gary North What
are investors waiting for? Consumers AP via Spending,
Home Sales Probably Increased: U.S. Economy Preview Bloomberg / Shobhana
Chandra |
Real Estate & Mortgage Spring U.S.
housing market hints at awaited recovery Reuters / Julie Haviv Manhattan
Apartment Prices Drop as Lehman Hits Home Bloomberg / Oshrat Carmiel Condo demand
in Houston, nationwide is lagging Houston Chronicle / Nancy Sarnoff U.S.
Mortgage Rates Drop to 5.32%, Freddie Mac Says Bloomberg / Brian Louis U.S.
pending home sales rise 0.1 percent in May Reuters U.S.
mortgage applications fall to 7-month low Reuters / Julie Haviv Delinquencies
Double on Least-Risky Mortgages, U.S. Report Says Bloomberg / Margaret
Chadbourn Pace of
home price declines slows in April Reuters / Lynn Adler Did
Homeowners Cause The Great Recession? Forbes / Joel Kotkin U.S.
‘May Be Seeing Bottoming’ of Home Prices, Lockhart Says Bloomberg / Dawn
Kopecki MI:
With prices so low, mortgages for $30,000 and less becoming more common
Detroit Free Press / Judy Rose CA:
Odds favor condo rebound Orange County Register / Jonathan Lansner Renters finding
it tougher to meet rent AP via Bradenton Journal / J. W. Elphinstone Can
Obama keep up with falling home prices? CNN / Carla Fried NV:
Housing: ‘Problem that won’t go away’ NV:
Home prices drop to 2000 levels Vacant
properties being turned around across country AP via Detroit Free Press /
Bruce Schreiner Mortgage
rates inch back up AP via Contra Costa Times Home-Price
Recovery May Be Undermined by Appraisals Bloomberg / Dan Levy Sales
of New Homes in U.S. Unexpectedly Decreased Bloomberg / Courtney
Schlisserman Not
Paying the Mortgage, Yet Stuck With the Keys U.S.
Home Prices Drop 6.8 Percent in April as Foreclosures Rise Bloomberg /
Brian Louis and Kathleen M. Howley U.S.
Home Resales Rise for Second Month, Prices Drop Bloomberg / Courtney
Schlisserman TX:
Falling home prices have reset Dallas-Fort Worth values to 1990s levels
Dallas Morning News / Steve Brown U.S.
Home Resales Probably Rose as Foreclosures Reduced Prices Bloomberg /
Courtney Schlisserman FL: Condo
dwellers finding empty buildings Miami Herald / James H. Burnett TN:
Low appraisals nip real estate deals Tennessean / Naomi Snyder
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Currencies Major
nations should back dollar as key currency: Japan Reuters / Yoko
Nishikawa Dollar
gains as higher-than-seen U.S. job losses feed flight to safety
Marketwatch / Deborah Levine Yen
Falls as China Manufacturing Rises, Damping Safety Demand Bloomberg /
Yoshiaki Nohara and Ron Harui Dollar,
Yen Fall as Improving Risk Appetite Spurs Yield Demand Bloomberg / Ron
Harui and Yoshiaki Nohara Asia
Currencies Head for Best Quarter Since 2004, Led by Rupiah Bloomberg /
David Yong Dollar steady,
market eyes reserve currency debate Reuters via Guardian / Aiko Hyashi Dollar
to Rise Most Since 1981, Best Predictor Says Bloomberg / Lukanyo Mnyanda
and Anchalee Worrachate Dollar
Falls Most in Month as China Urges New Reserve Currency Bloomberg /
Oliver Biggadike and Ye Xie Dollar edges
off post-Fed levels, yen falls Reuters / Charlotte Cooper Moody’s
Says World Has ‘No Credible Alternative’ to U.S. Dollar Bloomberg / Keiko
Ujikane and Jason Clenfield Yen
Falls for 2nd Day Against Euro After Japan’s Exports Drop Bloomberg /
Yoshiaki Nohara and Ron Harui Dollar sits on
losses ahead of Fed, yen loses ground Reuters via Guardian / Charlotte
Cooper Dollar
Near 3-Week Low Versus Yen Before Fed Policy Statement Bloomberg /
Yoshiaki Nohara and Ron Harui Yen
Rises to Four-Week High as Stock Slide Boosts Safety Demand Bloomberg /
Yoshiaki Nohara and Ron Harui Is
this the death of the dollar? Telegraph / Edmund Conway Dollar
Falls Most Against Yen in Month on Fed Rate Outlook Bloomberg / Ye Xie
and Oliver Biggadike |
Commodities Oil's
record high, one year later CNN / Catherine Clifford Oil
touches one-month low on disappointing jobs report Marketwatch / Moming
Zhou & Polya Lesova Whatever
happened to the food crisis? The Economist Oil rises
above $70 as US crude inventories drop AP via Houston Chronicle / Chris
Kahn Oil surges 2
pct in Brent-led frenzy, caps stellar Q2 Reuters / Fayen Wong If
demand for oil is low, why aren’t prices falling? Christian Science
Monitor / Mark Trumbull Oil
jumps above $70 on Nigerian platform attack AP via San Francisco
Chronicle / Dirk Lammers Crude
oil futures slip, as stronger dollar weighs Marketwatch / Lisa Twaronite Oil falls below
$69 as Nigeria threat eases Reuters via Guardian / Fayen Wong Oil prices
follow stock market lower AP via Houston Chronicle Oil futures
pop back over $70 AP via Houston Chronicle / Chris Kahn Oil
rises above $70 on Nigeria attack Reuters via CNN Oil dips
towards $68 on large U.S. fuel stocks build Reuters via Guardian /
Ramthan Hussain Crude
supplies drop more than expected AP via Seattle Post Intelligencer Crude
rises as inventories expected to fall Marketwatch / Moming Zhou &
Polya Lesova Gold
futures erase gains, with range-bound trade expected Marketwatch / Kate
Gibson Relief
at the pump? Experts think gas prices may have peaked St. Petersburg
Times / Emily Nipps Oil
Rising Long-Term Forbes / Melinda Peer Surplus
of gasoline may force prices down AP via Tennessean / Chris Kahn Oil
at $250 Is Pipe Dream Without Chinese Boom Bloomberg / William Pesek The
golden wall of worry Marketwatch / Mark Hulbert Metals, grains
hold steady while natural gas falls AP via The State / Sara Lepro |
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U.S. Governments and Politics Kennedy
Proposes Government Health Plan, Employer Fee Bloomberg / Catherine Dodge Obama sends his
consumer protection plan to Congress McClatchy via Sacramento Bee / Kevin
G. Hill Mr.
Sunshine? Ron Paul Wins Support to Audit Fed Reserve Fox News / Judson Berger Obama
is Mr. Popular around the globe Christian Science Monitor / Peter Grier IRS
demands names of 52,000 suspected American tax cheats AP via Newsday Franken
Wins Minnesota Senate Seat; Coleman Concedes Bloomberg / Kristin Jensen Obama
and the boredom factor: Will economics trump politics? Cap and Trade Will Lead to
Capital Flight Housing
in Peril as Obama Fails to Get Breakthrough Bloomberg / Kathleen M.
Howley Obama adviser not ready to
back a second stimulus AP via Salt Lake Tribune / Philip Elliott Low
pay from Medicaid keeps doctors away from primary care Chicago Tribune /
Bruce Japsen Obama's Energy Bill is a
Recipe for Economic Destruction Brookes News via Safehaven / Gerard
Jackson Obamacare:
Cheaper than you think CNN / David Futrelle White
House open to new tax on health benefits AP via Detroit News / Philip
Elliott Obama
scores major, much-needed victory AP via USA Today / Liz Sidoti If
America forgave Clinton, why not Sanford? senator asks Christian Science
Monitor / Mark Sappenfield Double Whammy
Lew Rockwell / Peter Schiff Forty-eight
days later, my head finally quit spinning Pittsburgh Tribune Review /
Jack Markowitz Health-Care
Activists Targeting Democrats Government
stimulates savings more than spending AP via Journal News / Martin Crutsinger Obama:
Health-care status quo 'unsustainable' Marketwatch / Ronald D. Orol Obama
Says Climate-Change Measure Will Transform U.S. Economy Bloomberg /
Nicholas Johnston Obama
Picked Wrong Advisers for Auto Overhaul, Gerstner Says Bloomberg /
Matthew Benjamin Is
stimulus creating jobs? Yes but ... CNN / Tami Luhby House
passes sweeping energy, climate bill CNN / Steve Hargreaves CBO
Paints Dire Portrait of Long-Term Revenue, Spending Why
Isn't The Stimulus Stimulating? Forbes / Bruce Bartlett Obama
and Congress Clash on How to Pay for Health Care Close
Win Predicted For Cap-and-Trade Bill Washington Post / Paul Kane, Ben
Pershing and David A. Fahrenthold New
$1 Trillion Price Tag May Advance Senate Health-Care Plan Bloomberg /
Laura Litvan and Nicole Gaouette Heading
for the emergency room The Economist How
Congress Will Steal the Recovery Forbes / Janet Novack and Brian
Wingfield G.O.P.
Expected to Paint Bernanke as Ally of Big Government NY Times / Edmund L.
Andrews and Louise Story Buffett
Says U.S. May Need a Second Stimulus Package Bloomberg / Andrew Frye,
Betty Liu and Erik Holm For Obama, a
careful 'outrage' at Iran Christian Science Monitor / Howard LaFranchi Obama
Says Second Fiscal Stimulus Bill Not Yet Needed Bloomberg / Hans Nichols
and Julianna Goldman The
Gloves Come Off On Health Care Reform Forbes / Brian Wingfield Obama
Bulks Up `Too Big to Fail’ With Steroids Bloomberg / Caroline Baum Confidence
in Stimulus Plan Ebbs, Poll Finds Clinton
did it (and others helped) Marketwatch / David Weidner Oh, yeah, he also
promised immigration reform Dow Jones / Al Lewis Can they pay
it back? Macleans / Colin Campbell International Bailout
Brings Us Closer to Economic Collapse Obama's
banking end around CNN / Colin Barr Democrats may go it
alone on government insurance plan AP via Pittsburgh Post Gazette /
Ricardo Alonso-Zaldivar Obama's
Fairy Dust Forbes / John Tamny 'Death
Tax' is Alive and Well Wall Street Journal / Tom Herman How Congress might
tax your health benefits McClatchy via The State Bondhead’s Special Reports now available on Facebook
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Companies and Stock NYSE
and Nasdaq Think Small Forbes / Alexandra Zendrian Most
Stocks Fall; MSCI World Extends Third Straight Weekly Drop Bloomberg /
Adria Cimino U.S.
Stocks Retreat for Third Week in Longest Slump Since March Bloomberg /
Rita Nazareth Stocks
slump on economic woes CNN / Alexandra Twin Midway
Games: Sale of video-game maker to Warner Bros. OKd Chicago Tribune /
Wailin Wong U.S.
Stocks, Commodities Decline as Job Losses Top Estimates Bloomberg / Lynn
Thomasson Thursday’s
Stocktiming.com Analysis Stocktiming.com / Marty Chenard Toyota,
Honda’s Drop in U.S. Car Sales Outpaces Market Decline Bloomberg / Alan
Ohnsman and Craig Trudell Sunshine
In Detroit? Forbes / Tom Van Riper U.S. June
auto sales tumble, Ford takes share Reuters / David Bailey U.S.
Stocks Rise Following S&P 500’s Best Quarter Since 1998 Bloomberg /
Lynn Thomasson Japan,
Australia Stock Futures Rise on U.S. Production, Metals Bloomberg /
Masaki Kondo Next
Stop On This Bus Is 1,050 Forbes / Martin T. Sosnoff U.S.
Stocks Rise Following S&P 500’s Best Quarter Since 1998 Bloomberg /
Lynn Thomasson General
Mills profit tops view; 2010 outlook strong Reuters / Aarthi Sivaraman How
market-cap-to-revenue makes a difference Marketwatch / Sean O'Hara and
Vincent Lowry Paramount
said to be in talks with Sony and Fox LA Times / Dawn C. Chmielewski and
Joe Flint Asian
Stocks Fall as Tankan, Commodities Stoke Recovery Concern Bloomberg /
Patrick Rial and Shani Raja Second
half will test stock-market bulls' recovery thesis USA Today / Adam Shell U.S.
Stocks Fall, Trim S&P 500’s Best Quarterly Gain Since ‘98 Bloomberg /
Lynn Thomasson United,
They Fall (Into Debt) NY Post / Josh Kosman VIX
Below Lehman Level Leaves ‘Wall of Worry’ Intact Bloomberg / Jeff Kearns A 20-Year Bear Market?
Thoughts From The Frontline via Safehaven
/ John Mauldin Stocks
reverse early gains, move lower after unexpected dip in consumer confidence
AP via Chicago Tribune / Sara Lepro U.S.
Stocks Fall on Consumer Confidence Slump, Delinquency Data Bloomberg / Lynn
Thomasson U.S.
stock market braces for quarterly results Marketwatch / Kate Gibson Amazon.com
fights sales-tax plans LA Times / Andrea Chang Stocks
bounce back CNN / Alexandra Twin VIX
Drops to Lowest Level Since Lehman’s Collapse as Fear Ebbs Bloomberg /
Jeff Kearns Retail
stocks mixed as J. C. Penney upgraded to overweight Marketwatch / Andria
Cheng U.S.
Stocks Advance, S&P 500 Rebounds After Two-Week Decline Bloomberg /
Rita Nazareth Dow
10,000 ... then deflation? Marketwatch / Peter Brimelow Asian
Electronics Stocks Rise on Display Demand; Brokers Fall Bloomberg /
Patrick Rial and Shani Raja Here
comes the second half CNN / Alexandra Twin Wal-Mart puts
premium on thrifty customers AP via Tacoma News Tribune / Anne
D’Innocenzio Stocks
turn to jobs as first half draws to close Marketwatch / Nick Godt Facebook,
Twitter and peers for sale _ privately AP via Seattle Post Intelligencer
/ Rachel Metz U.S.
Stocks Slump, Posting First Back-to-Back Loss Since March Bloomberg /
Lynn Thomasson and Rita Nazareth Airlines
jacking up summer airfares Chicago Tribune / Julie Johnsson Contrarian
green shoots Marketwatch / Mark Hulbert Asian
Stocks Rise on Growth Optimism; Nippon Electric Advances Bloomberg /
Jonathan Burgos and Masaki Kondo Palm
shares surge after quarterly loss beats expectations Marketwatch / Carla
Mozee Lennar posts
slightly larger 2nd-quarter loss AP via The State / Alex Veiga Dow
Jumps More Than 2% on Fed Comments Smartmoney.com Another
delay to the production of the 787 Dreamliner is a setback for Boeing The
Economist Little
cheer in profit forecasts, but improvement seen Marketwatch / Kate Gibson Boeing
damages credibility with decision to delay first flight of 787 Dreamliner
Seattle Times / Jon Talton 2
cable giants hope to discourage free online TV Chicago Tribune / Meg
James Oracle
profit beats forecast, margin at record Reuters / Jim Finkle Markets
want to know how liquidity will be mopped up Marketwatch / Irwin Kellner Nikkei down 3.1
pct, investors fret over economy Reuters / Masayuki Kitano Walgreens'
3Q profit falls 9% AP via Chicago Tribune Steve
Jobs: Apple sold over 1 million new iPhones Fortune via CNN / Philip
Elmer-DeWitt DVD
vending machine leader Redbox looms as budget alternative to Netflix AP
via Chicago Tribune / Jessica Mintz GM’s
Sale Opposed by 10 States, Union Retirees and Chrysler Bloomberg /
Christopher Scinta and Linda Sandler |
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International Economies ECB
holds rate at record-low 1% CNN Which
countries are better governed than a decade ago, and which worse The
Economist Coming
soon to the UK: the double dip Independent / David Prosser China
Manufacturing Expands a Fourth Month, PMI Shows Bloomberg Japan’s
Tankan Confidence Rebounds Less Than Expected Bloomberg / Jason Clenfield Australia’s
Retail Sales Climb More-Than-Expected 1% Bloomberg / Victoria Batchelor British
Economy Suffers Worst Drop in 50 Years NY Times / David Jolly Eurozone inflation
turns negative Sharp contraction for
UK economy Russia: GDP
Forecast Slashed to Minus 8.5% South
Korean Exports to Post Growth From October, Official Says Bloomberg /
Seyoon Kim UK
'must end lending drought' to ease recession London Times / Gary Duncan Young
Japanese Raise Their Voices Over Economy Japan’s
Jobless Rate Rises to Five-Year High of 5.2% Bloomberg / Toru Fujioka Recovery
frail but stimulus exit must be timely Reuters / Krista Hughes and
Natsuko Waki European
Economic Confidence Rises More Than Forecast Bloomberg / Jurjen van de
Pol New
Zealand Exports, Building Permits Rise in Signs of Recovery Bloomberg / UK:
Who will end this financial insanity? Independent / Stephen King Good
news on current account imbalances Marketwatch / David Marsh Japan’s
Factory Output Rises 5.9%, Third Monthly Gain Bloomberg / Jason Clenfield
and Tatsuo Ito North Korean economy
sees growth UK:
Treasury keeps grip on banks in shake-up London Times / David Smith Cuba can
service U.S. tourists if ban is lifted, officials say Bloomberg via Miami
Herald / Jens Erik Gould EU:
FSB’s Draghi Sees ‘Convincing’ Signs of Improvement in Economy Bloomberg
/ Klaus Wille China’s
Central Bank Renews Call for New World Reserve Currency Bloomberg Canada:
Central banks to take off ‘training wheels' Globe and Mail / Boyd Erman Soros
Goes Long as World Bank Shorts Recovery Bloomberg / William Pesek UK:
Bank defies the Treasury again as it seeks new powers Independent / Sean
O’ Grady Japan
Succumbs to Deflation as Consumer Prices Fall Record 1.1% Bloomberg /
Mayumi Otsuma US
‘experts’ on China have got it all wrong Taipei Times / James Wang New
Zealand Economy Shrinks 1%, Extending Recession Bloomberg / Bank
of England Says Financial System Vulnerable to More Shocks Bloomberg /
Jennifer Ryan and Brian Swint Germany 'must rely
less on trade' New
Zealand’s Economy Probably Contracted at Slower Pace Bloomberg / Tracy
Withers Russia
Facing Long Recession, World Bank Says NY Times / Andrew E. Kramer Japan’s
Credit Is Worsening After Koizumi, S&P’s Ogawa Says Bloomberg /
Mayumi Otsuma UK:
Bank’s lack of action on lending frustrates Treasury London Times / Gary
Duncan Japan
Exports Fall 40.9%, Extending Worst Slump Since World War Bloomberg /
Jason Clenfield Japan,
Australia Resource Shares Rise in New York; Sharp Slips Bloomberg /
Masaki Kondo and Toshiro Hasegawa Weber
Says ECB Has Used Room to Cut Interest Rates Bloomberg / Simone Meier Japan
Tankan Business Sentiment Likely to Rise From Record Low Bloomberg /
Jason Clenfield Where
unemployment has hit hardest The Economist |
Banking, Investing and Funds Seven
U.S. Banks Seized in Busiest Year for Closures Since 1992 Bloomberg / Ari
Levy and Flynn McRoberts Shotgun
Marriages Raise Risk of New Bank Blowups Bloomberg / Mark Gilbert Hedge
Funds Get to Feel Like ‘Smart Guys’ Again Bloomberg / David Reilly Potential
fireworks in exchange-traded funds Marketwatch / Jim Lowell A
hard lesson learned on the trading floor Marketwatch / Todd Harrison Banks
Balk at Agency Meant to Aid Consumers NY Times / Edmund L. Andrews Hedge fund returns
are up, redemptions down Reuters / Svea Herbst-Bayliss and Laurence
Fletcher 'Public
Enemies' run, not rob, our banks today Marketwatch / Paul B. Farrell Banks
don't get it: They haven't earned consumer trust Allentown Morning Call /
David Lazarus For
banks, there's no return to normal Globe and Mail / Brian Milner JPMorgan CEO
warns against too many regulators Reuters Is
Your Money Safe in a Bank? Wall Street Journal / Dave Kansas Time for hard work
and making things? FDIC
Wants PE Firms To Cover Bank Failures NY Post / Josh Kosman and Mark
DeCambre Five
Banks Are Seized, Raising U.S. Failures This Year to 45 Bloomberg /
Margaret Chadbourn U.S.
commercial banks see record Q1 trading revenue Reuters JPMorgan
is the new king of Wall Street CNN / Colin Barr Banking
has a mountain to climb Independent / Hamish McRae World's
wealthy lose faith in fund managers London Times / Miles Costello Banks
with the biggest profits and losses last year The Economist US
money managers embraced risk in second qtr-survey Reuters SEC
Would Tighten Reins on Money Markets Washington Post / Zachary A.
Goldfarb Hedge
funds engage in bitter fight over CPI board St. Louis Post Dispatch /
David Nicklaus BlackRock's
Trillions Forbes / Peter C. Beller Bad
Loans May Send Banks Running Back to Uncle Sam NY Post / James Doran PA:
State's smaller banks do what it takes to ride out the slump Pittsburgh
Tribune Review / B. David Wolf Active managers try
to shake up passive ETF niche AP via Pittsburgh Post Gazette / Mark
Jewell |
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State’s Economies and News The
pain of balancing budgets is felt in California and many other states The
Economist MI:
State is expected to lose 310,700 jobs this year Detroit Free Press /
Katherine Yung State
Farm hikes Illinois rates 13% Chicago Tribune / Becky Yeark California
government declares fiscal emergency over budget Reuters / Jim Christie States
Face Severe Fiscal Crunch Forbes / Oxford Analytica New
Orleans: Fastest growing city CNN / Les Christie Cash-strapped
states up against budget deadlines Reuters / Jim Christie What's
North Dakota's Secret? Forbes / Joshua Zumbrun Cash-Strapped
States Target The Rich Forbes / Ashlea Ebeling and Janet Novack Furloughs
cut into state services Stateline.org / Pauline Vu Michigan
to California: Send us your prisoners Reuters via CNN South
Floridians can't wait to cash in on gas-guzzlers with new federal program
South Florid Sun Sentinel / Doreen Hemlock Tracking
the recession: Budget deadline looms Stateline.org / Stephen C. Fehr MA:
Jobless fund heads into red Boston Herald / Jay Fitzgerald Pittsburgh-area
economy endures recession better than other markets Pittsburgh Tribune
Review / Thomas Olson CA:
Personal bankruptcies surge in Southern California LA Times / David
Colker Washington
farmers expect to harvest record cherry crop during the next month
Seattle Times / Harris Meyer MN:
One-two punch hits housing market St. Paul Pioneer Press / Christopher
Snowbeck and Nicole Garrison-Sprenger NC: It's
not good yet, but it's a little less bad Charlotte Observer NY:
Taxable sales plunge in Westchester and Putnam Journal News / Frank Brill
and Julie Moran Alterio MI:
Mich. finally gets good news with small car plant AP via Lansing State
Journal / Kathy Barks Hoffman and David David N. Goodman SC: Sanford admits
affair: 'I've let down a lot of people' The State / Clif LeBlanc and John
O’ Conner NY:
Tax fast food? Not in Nassau, some pols say Newsday / Sid Cassese CA:
Recovery will be jobless for a while San Francisco Chronicle / Tom Abate California
doomsday: State could run out of cash AP via Houston Chronicle / Judy Lin South
Florida hotel business shrinks in May South Florida Sun Sentinel / Doreen
Hemlock SC: Sanford back
Wednesday, his office says The State / John O’ Conner and Clif LeBlanc FL: Welfare
case load in Florida up dramatically Miami Herald / Scott Andron CA:
Tax changes may be key to plugging budget hole San Diego Union Tribune /
Dean Calbreath MI:
Mich. income tax revenue falls AP via Lansing State Journal Florida's
unemployment rate hits 10.2 percent Miami Herald / Scott Andron and Joel
Poelhuis SC: Too few jobs,
too many jobless The State / Noelle Phillips CA:
A county fair may be just the ticket LA Times / Hugo Martin MI:
No cash for some jobless Detroit Free Press / Katherine Yung California jobless
rate hits record high in May Sacramento Bee / Jim Downing and Darrell
Smith State
income levels plunge Stateline.org / Pamela M. Prah PA:
State jobless rate hits 8.2 percent Pittsburgh Tribune Review Illinois
unemployment rate hits 10.1% Chicago Tribune / Wailin Wong MA:
1,000 jobs head South Boston Herald / Jay Fitzgerald Michigan's
jobless rate leaps to 14.1% Detroit Free Press / Louis Aguilar NC:
Gov. Perdue wants $1.5 billion in new N.C. taxes Charlotte Observer /
Mark Johnson IL:
Video poker would roll out new challenges for regulators Chicago Tribune
/ Mike Hughlett and Bob Secter CO: Fiscally, Denver
above C level Denver Post / Aldo Svaldi Recession
ushers in more tobacco taxes Stateline.org / Tony Romm Pittsburgh's
Convention Center prepares for G-20 Pittsburgh Post Gazette / Mark Belko TX: Farmers
to raise homeowners rates nearly 10 percent Houston Chronicle / Purva
Patel Recession
pounds states' budgets Stateline.org / Pamela M. Prah California
won't grow until 2010 Reuters via CNN SC: U.S. jobs
recovery to be long, slow The State Florida has
long way to go to pull out of recession St. Petersburg Times / Jeff
Harrington Chicago
Mayor Richard Daley threatens 1,500 layoffs Chicago Tribune / Dan P.
Blake Michigan
to aggressively pursue GM small car factory Lansing State Journal / Kathy
Barks Hoffman Vegas
economy shows glimmer of hope Despite
stimulus, schools feel budget pain Statline.org / Pauline Vu IL:
A Chrysler dealer's final pitch Chicago Tribune / Robert Channick Higher
Florida cigarette tax could increase sales of e-cigarettes St. Petersburg
Times / Robert Trigaux NY: More empty storefronts
pop up in plazas Journal News / Julie Moran Alterio and Allan Drury |
Miscellaneous America
provides around half of the foreign forces in Afghanistan The Economist Staying
on board The Economist Iraq's
civilians are a little bit safer The Economist Coffeehouses
offer welcome break for those who work at home Kansas City Star / Alan
Goforth Madoff
sentenced to 150 years CNN / Aaron Smith It
Could Have Been Worse For Madoff Forbes / Liz Moyer Smoker decides to grow his own
tobacco Akron Beacon Journal / Jim Carney How
stars so rich and famous can go broke San Francisco Chronicle / Kathleen
Pender Communities
Seek Routes to Save Post Offices From Being Stamped Out Madoff
reduced to nothing CNN / Aaron Smith The
price of a gram of cocaine in different countries The Economist Less
travel expected over Fourth of July weekend LA Times / Hugo Martín How
much people contribute to their own retirement income The Economist Up next --
logos on sports jerseys Detroit News / Joanne C. Gerstner Tough times
mean family time at home Miami Herald Businesses using
Twitter, Facebook to market goods Pittsburgh Post Gazette / Liyun Jin Dads
Lose to Moms in Spending on Their Holidays: Chart of Day Bloomberg / Mark
Clothier Forced
migration The Economist Drink-driving
limits around the world The Economist Surprise,
surprise: The Internet is getting in way of family time St. Louis Post
Dispatch / Tim Barker Stores step up
anti-crime efforts AP via The State / Dan Sewell Demand
for Vegetable Seeds Is Rooted in Recession Employees
linking work, social media Chicago Tribune / Wailin Wong Swine
Flu Fans First Pandemic Since 1968, WHO Says Bloomberg / Jason Gale Declaring
a pandemic The Economist Facebook
Users Staying In Friday Night to Grab Names Bloomberg / Joseph Galante
and Ian King The
world's biggest military spenders by population The Economist Millions Face Blank Screens in TV Switch NY Times / Stephen Labaton Work at Home and Make Big Money? Let the Wise Be Wary NY Times / Alina Tugend Shaken economy stirs up interest in bartender classes Dallas Morning News / John Coleman Who likes a smoke? The Economist Tracking the recession: Prison economics Stateline.org / John Gramlich 'Difficult time' for minority car dealers Chicago Tribune / Greg Burns Curse this trend: Swearing on the rise McClatchy via Charlotte Observer / Diane Stafford Nation’s Love for New Cars Is on the Wane NY Times / Micheline Maynard 'Good' news: Crummy economy means less traffic San Francisco Chronicle / Michael Cabanatuan The upside of the downturn CNN / Geoff Colvin It's a man's world The Economist Feeling
the Squeeze, Exclusive Country Clubs Get the Common Touch Where swine flu has hit hardest The Economist
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